Trade Credit and the Effect of Macro-Financial Shocks : Evidence From U.S. Panel Data /

Many studies examine why firms are financed by their suppliers, but few empirical studies look at the macroeconomic implications of such financial arrangements. Using disaggregated panel data, we examine how firms extend and use trade credit. We find that, controlling for the transactions or asset m...

Descripción completa

Detalles Bibliográficos
Autor principal: Kim, Yungsan
Otros Autores: Choi, Woon
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2003.
Colección:IMF Working Papers; Working Paper ; No. 2003/127
Acceso en línea:Full text available on IMF